First Trust Multi Cap Value AlphaDEX Fund
FAB
41 hedge funds and large institutions have $91.8M invested in First Trust Multi Cap Value AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 4 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
34% more capital invested
Capital invested by funds: $68.5M → $91.8M (+$23.3M)
5% more funds holding
Funds holding: 39 → 41 (+2)
11.6% less ownership
Funds ownership: 67.75% → 56.15% (-12%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.94M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.75M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.91M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.87M |
| 2 |
LPL Financial
San Diego,
California
|
-$347K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$299K |
| 4 |
LI
LVZ Inc
Holland,
Michigan
|
-$250K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$189K |
FAB Hedge Fund Activity: Q2 2021 in Review
41 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2021, worth a combined $91.8M — up 34% from $68.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAB positions and 4 closed out — a net gain of 3 holders — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $10.9M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.87M sold.
- 41 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2021, up from 39 in Q1 2021.
- Funds reported $91.8M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2021, up 34% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2021 and 4 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2021 was Morgan Stanley, an estimated $10.9M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2021 was Susquehanna International Group, an estimated $1.87M sold.
Based on aggregated 13F filings for Q2 2021.